
When you create a market, you currently have these default options for when to close the market
The first three options close the market after a fixed number of days from the market's creation. The last closes the market at the end of the year, regardless of when in the year the market is made.
This poll asks which paradigm would be better if all four options were the same way. That is:
Always in 24 hours
Always in 7 days
Always in 30 days
Always in 365 days
Or
Always at the end of the day
Always at the end of the week
Always at the end of the month
Always at the end of the year
Argument(s) in favor of making it a fixed number of days:
There wouldn't be a massive buildup of markets all resolved at once at the end of the year
Argument(s) in favor of of fixed end dates:
Markets are more often directly comparable to other markets
"Fixed periods of time (a week/30 days/365 days) after market creation" will only work if there is explicit support for "event must happen before/at $TIME in $TIMEZONE" which by default is set the same as close time or something, otherwise people will be even more confused about the distinction between resolution criteria deadlines and market close dates.
I think that could work, but otherwise sticking to clean timepoints like years and months makes sense. The end-of-year thing wasn't as dramatic as I thought it might've been.